Web Exclusive Sep 30, 2016 Coal price increase may push up power tariffs With a hike in coal prices and levy of coal terminal charge, electricity consumers may end up paying more as discoms increase tariffs to counter the hike. This is due to the hike in coal price.
News Brief Sep 01, 2016 Coal India gets good response for auction of CPPs In the ongoing coal linkage e-auction for captive power plants (CPPs), the Coal India Ltd (CIL) secured a booking of 12.95 million tonnes of coal.
News Brief Aug 01, 2016 CIL sees rising import costs helping to trim stockpiles Coal India Ltd (CIL), sees rising international prices helping it shrink swollen stockpiles and gain more buyers as domestic customers shun imports in favour of local supplies.
News Brief Aug 01, 2016 PSUs venture to revive mothballed fertiliser plants The country´s cash-rich coal, power and oil firms will jointly invest nearly $3 billion to revive three mothballed fertiliser plants. India produced 24.5 million tonne (MT) of urea in the financial year ended March 2016, but also imported 8.5 MT to boost productivity at its farms, which account for about 15 per cent of its $2 trillion economy and employ three-fifths of its 1.3 billion people.
News Brief Aug 01, 2016 MCL aims to open two greenfield mines by 2018 Mahanadi Coalfields Ltd (MCL), the largest coal producing subsidiary of Coal India Ltd (CIL) is aiming to open two new greenfield coal mines by 2018 as it gears up to reach the targeted production of 250 million tonne (MT) by 2020.
News Brief Aug 01, 2016 CIL signs agreements with SECI for solar projects Coal India Ltd (CIL) has signed two agreements with Solar Energy Corporation of India (SECI) for implementation of 200-MW solar power projects in Madhya Pradesh.
News Brief Jun 01, 2016 CIL, NTPC form JV to take over Fertilizer Corpn Coal India Ltd (CIL) and NTPC Ltd have signed a 50-50 joint venture (JV) agreement to take over the Fertilizer Corporation of Indias assets and to run its Sindhri (in Jharkhand) and Gorakhpur (in Uttar Pradesh) units.
News Brief Jun 01, 2016 MOEF And CC panel defers clearance to CIL unit´s proposal An environment ministry (EM) panel has deferred a proposal of IB-Valley washery of Coal India Ltds (CIL) arm Mahanadi Coalfields Ltd (MCL).